Answer:
$56,400
Explanation:
Jefferson company has a sales of $306,000
The cost of goods available for sale is $270,600
The first step is to calculate the gross profit
= 306,000 × 30/100
= 306,000 × 0.3
= 91,800
The cost of goods sold can be calculated as follows
= $306,000-91,800
= $214,200
Therefore the estimated cost of ending inventory under the gross profit method can be calculated as follows
= $270,600-214,200
= $56,400
Answer:
c) A credit to a liability account shows an increase.
Answer:
Control
Explanation:
In this question, the question is talking about the marketing plan that consists of implementation, evaluation, and control
The implementation deals with the marketing strategies that are executed to achieve the goals and objectives of the business organization.
The evaluation is the judgment that is derived from the available resources through which can know the actual position of the organization
And, the control is the last step of the marketing plan through which the analysis could be made based on the organization's objectives.
That’s a phrase or perhaps I may be wrong